The lower trend in the US dollar collected an additional vapor on Wednesday, supported by fears of the American economy and some renewable hopes that the Trump administration delay some planned definitions.
Here is what you need to know on Thursday, March 6:
The US dollar index (DXY) has erupted from support 105.00, as it reached its lowest level for four months amid other concerns about the American economy. The balance of trade results in January is scheduled to be loaned from job cuts in Challenger, the demands of the usual weekends, and the employment costs in the unit. In addition, the Federal Reserve. He is scheduled to speak Waller and Harker.
EUR/USD extended its strong performance to the perimeter of the 1.0800 barrier, or new summits for four months. The interest rate decision at the European Central Bank will take the lead center, along with the press conference of Lagarde. From wisdom, the CONSTRUCTION HCob managers will be released in Germany and the euro area, along with retail sales in the entire mass.
GBP/USD rose to points only away from the main barrier at 1.2900 shape, or multiple months of months. The S & P Global Condction Director Index will be the only version across the channel, followed by the Mann’s Mann.
The US dollar/JPY has resumed the declining trend and was reviewed at the low 148.00 after the sharp decline in Greenback. Weekly foreign bond investment numbers will be published.
The AUD/USD has increased significantly, as it advanced for the third day in a row and the restoration of the area exceeding 0.6300 obstacles. The balance of trade results is expected to be loaned by flash publications for construction permits and private home approvals.
The price of WTI barrel has decreased to its lowest level near the $ 65.00 brand in response to the increase in crude oil supplies in the United States, the tariff fears and the expected OPEC+ intention to increase oil production in April.
Gold prices reached their third consecutive day of gains, re -testing the $ 2920 region after the sharp decline in the US dollar. Silver prices to the north increased from a brand of $ 32.00 an ounce, flirting with their highest levels for eight days.
